Global 24 Jun 2013

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Together, we understand the issues and drivers of success for the CFO and the finance team. Today’s announcements, including flexible pathways to our respective exams and compelling CFO resources, are indicative of our commitment to sustainable organisational success

—Barry Cooper, president,ACCA

Global professional bodies sign membership agreement

ACCA (the Association of Chartered Certified Accountants) and IMA® (Institute of Management Accountants) announce a new strategic initiative for the global finance profession, Financial Leadership and Performance.

It was launched officially on 23 June 2013 during IMA’s Annual Meeting of Members at the start of IMA’s Annual Conference & Exposition in New Orleans.

As part of the Financial Leadership and Performance initiative, ACCA and IMA will support the career development goals of Chief Financial Officers (CFOs) and other aspiring professionals, through a variety of resources:

A new co-sponsored website - www.roleofcfo.com - a resource for finance leaders, containing ACCA and IMA reports, research and insights. This online platform offers existing and aspiring CFOs access to a comprehensive set of resources that will support them in their aim to strengthen financial leadership and performance throughout their finance teams.

CFO Pathways - A research report covering the future of CFOs’ work, their role and changing career paths.

Barry Cooper, ACCA’s President, said: 'Both our credentials are the result of rigorous qualification and assessments, with a clear commitment to producing ethical, reputable and high performing members. Together, we understand the issues and drivers of success for the CFO and the finance team. Today’s announcements, including flexible pathways to our respective exams and compelling CFO resources, are indicative of our commitment to sustainable organisational success.'

John Macaulay CMA, IMA’s Chair added: 'Collectively, ACCA and IMA represent 653,000 members and candidates, with a unique global network of 89 offices and centres around the world, including more than 200 local chapter communities. With today’s announcements, we have the opportunity to deliver even more value to the global profession, supporting CFOs and those aspiring towards that goal.'